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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (23403)2/11/2005 6:06:21 PM
From: kailuabruddah  Read Replies (4) of 116555
 
go buy three condos before they go up 80%

If you can't do that, at least do your fair share of sacrificing:

One of the more amusing spectacles in the ongoing circus on Wall Street occurs monthly as economic contortionists attempt to twist horrific trade reports into positive news for the American economy. Such was the case today on CNBC, as Steve Leisman and a guest described American consumption as being "a sacrifice," and American consumers as "bearing the brunt of world consumption," and of having an "obligation to consume."

safehaven.com

and pick up a mini mansion with an interest only mortgage:

Firefighter Bruno Gonzalez, his wife and three children are moving next week into a new, $1.1 million ``mini-mansion,'' as he calls it, in Pleasanton, California. The mortgage requires them to pay only interest for the first seven years.

quote.bloomberg.com
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